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Tag India in Africa

Bharti and Zain sign agreement for $10.7 Billion

Lagos — Bharti Airtel, India’s largest mobile telecoms operator, and the Zain Group of Kuwait have signed a “definite agreement” for the sale of 100 per cent of Zain’s African assets for an Enterprise Value of $10.7 billion.

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India boosts ties with Africa, expands credit lines

Jan11

India will increase credit lines to Africa to $5,4-billion until 2012 from the current $2,15-billion, and will also boost technical and economic support to the continent, it said on Friday.

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